Sabine Royalty Trust Stock Debt To Equity

SBR Stock

USD 66.90 0.78 1.18%

Sabine Royalty Trust fundamentals help investors to digest information that contributes to Sabine Royalty's financial success or failures. It also enables traders to predict the movement of Sabine Stock. The fundamental analysis module provides a way to measure Sabine Royalty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sabine Royalty stock.

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Sabine Royalty Trust Company Debt To Equity Analysis

Sabine Royalty's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Sabine Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Sabine Royalty is extremely important. It helps to project a fair market value of Sabine Stock properly, considering its historical fundamentals such as Debt To Equity. Since Sabine Royalty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sabine Royalty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sabine Royalty's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Net Debt	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Term Investments	Net Tangible Assets	Long Term Investments	Intangible Assets	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.96	0.55	-0.25	0.44	0.54	0.25	-0.3	-0.25	0.57	-0.16	-0.25	0.54	0.25	0.62
Total Stockholder Equity	0.96		0.64	-0.33	0.18	0.41	0.37	-0.38	-0.33	0.54	-0.09	-0.19	0.47	0.19	0.57
Retained Earnings	0.55	0.64		0.09	-0.13	-0.36	-0.02	-0.35	0.09	-0.16	0.29	0.27	-0.17	-0.2	-0.11
Net Debt	-0.25	-0.33	0.09		0.26	-0.48	-0.82	0.18	1.0	-0.73	0.64	0.66	-0.64	-0.69	-0.73
Total Liab	0.44	0.18	-0.13	0.26		0.6	-0.35	0.17	0.26	0.22	-0.2	-0.24	0.33	0.2	0.31
Total Current Assets	0.54	0.41	-0.36	-0.48	0.6		0.33	-0.02	-0.48	0.85	-0.56	-0.65	0.83	0.56	0.9
Common Stock	0.25	0.37	-0.02	-0.82	-0.35	0.33		-0.09	-0.82	0.57	-0.27	-0.27	0.42	0.33	0.54
Accounts Payable	-0.3	-0.38	-0.35	0.18	0.17	-0.02	-0.09		0.18	-0.15	0.33	0.31	-0.17	-0.24	-0.17
Short Term Investments	-0.25	-0.33	0.09	1.0	0.26	-0.48	-0.82	0.18		-0.73	0.64	0.66	-0.64	-0.69	-0.73
Net Tangible Assets	0.57	0.54	-0.16	-0.73	0.22	0.85	0.57	-0.15	-0.73		-0.61	-0.73	0.96	0.7	0.94
Long Term Investments	-0.16	-0.09	0.29	0.64	-0.2	-0.56	-0.27	0.33	0.64	-0.61		0.98	-0.68	-0.88	-0.59
Intangible Assets	-0.25	-0.19	0.27	0.66	-0.24	-0.65	-0.27	0.31	0.66	-0.73	0.98		-0.79	-0.91	-0.69
Cash And Equivalents	0.54	0.47	-0.17	-0.64	0.33	0.83	0.42	-0.17	-0.64	0.96	-0.68	-0.79		0.8	0.88
Net Invested Capital	0.25	0.19	-0.2	-0.69	0.2	0.56	0.33	-0.24	-0.69	0.7	-0.88	-0.91	0.8		0.6
Net Working Capital	0.62	0.57	-0.11	-0.73	0.31	0.9	0.54	-0.17	-0.73	0.94	-0.59	-0.69	0.88	0.6

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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

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Debt To Equity Over Time

Sabine Total Stockholder Equity

Total Stockholder Equity

5.74 Million

At this time, Sabine Royalty's Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, Sabine Royalty Trust has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The debt to equity for all United States stocks is 100.0% higher than that of the company.

Sabine Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sabine Royalty's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sabine Royalty could also be used in its relative valuation, which is a method of valuing Sabine Royalty by comparing valuation metrics of similar companies.

Sabine Royalty is currently under evaluation in debt to equity category among its peers.

Sabine Royalty Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sabine Royalty from analyzing Sabine Royalty's financial statements. These drivers represent accounts that assess Sabine Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sabine Royalty's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	587.5M	411.4M	607.7M	1.2B	989.4M	1.0B
Enterprise Value	(6.1B)	(4.4B)	(15.6B)	1.2B	(8.4B)	(7.9B)

Sabine Royalty ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sabine Royalty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sabine Royalty's managers, analysts, and investors.

Environmental

Governance

Social

Sabine Fundamentals

	Return On Equity	0.75
	Return On Asset	4.18
	Profit Margin	0.96 %
	Operating Margin	0.95 %
	Current Valuation	950.36 M
	Shares Outstanding	14.58 M
	Shares Owned By Insiders	3.70 %
	Shares Owned By Institutions	12.39 %
	Number Of Shares Shorted	20.2 K
	Price To Earning	34.67 X
	Price To Book	112.51 X
	Price To Sales	10.93 X
	Revenue	93.82 M
	Gross Profit	125.98 M
	EBITDA	89.45 M
	Net Income	90.25 M
	Cash And Equivalents	16.17 M
	Cash Per Share	0.77 X
	Total Debt	508.49 K
	Current Ratio	52.67 X
	Book Value Per Share	0.59 X
	Cash Flow From Operations	(93.01 M)
	Short Ratio	0.60 X
	Earnings Per Share	6.49 X
	Target Price	32.5
	Beta	0.51
	Market Capitalization	954.8 M
	Total Asset	9.44 M
	Working Capital	8.46 M
	Current Asset	5.35 M
	Current Liabilities	905 K
	Annual Yield	0.09 %
	Five Year Return	7.39 %
	Net Asset	9.44 M

About Sabine Royalty Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sabine Royalty Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sabine Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sabine Royalty Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Sabine Royalty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sabine Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sabine Royalty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sabine Stock

0.72	AM	Antero Midstream Partners	Pair Corr
0.89	EE	Excelerate Energy	Pair Corr
0.87	ET	Energy Transfer LP	Pair Corr
0.85	DLNG	Dynagas LNG Partners	Pair Corr

Moving against Sabine Stock

0.77	PXSAW	Pyxis Tankers	Pair Corr
0.7	BPT	BP Prudhoe Bay	Pair Corr
0.66	FRO	Frontline	Pair Corr
0.53	TK	Teekay	Pair Corr
0.53	GEL	Genesis Energy LP	Pair Corr

The ability to find closely correlated positions to Sabine Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sabine Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sabine Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sabine Royalty Trust to buy it.

The correlation of Sabine Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sabine Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sabine Royalty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Sabine Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Sabine Stock Analysis

When running Sabine Royalty's price analysis, check to measure Sabine Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sabine Royalty is operating at the current time. Most of Sabine Royalty's value examination focuses on studying past and present price action to predict the probability of Sabine Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sabine Royalty's price. Additionally, you may evaluate how the addition of Sabine Royalty to your portfolios can decrease your overall portfolio volatility.

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